OFF MARKET

Off market dec 2020 for $462K

$678,040

•

2,307

sq ft

1337 Peninsula Rd, Ely, MN 55731

About this home

PRIVATE SETTING & STUNNING LAKE VIEWS are captured from both indoor & outdoor spaces! Recently updated, this older custom built 3 bedroom, 2 bath home boasts a wonderful blend of natural elements; from incredible floor to ceiling natural stone fireplace, vaulted wood ceilings, hardwood floors, mixture of wood & stone wall treatment, to large windows flooding home with natural light & great outdoor scenes! Main level features open living space, but with a private wing for main level bedroom, bath & laundry. A loft, 2 bedrooms with a connecting bath comprise the 2nd level. Walkout basement houses mechanical area, tuck under garage & storage. Bonus areas are 3 season porch, new enormous maintenance-free deck, outdoor pond/waterfall area & shoreline hut. Other amenities include 3 stall detached garage, boat storage shed, wood shed, kennel/dog run, stain steel fish cleaning area, and a 24' x 40' fenced garden with lake-water irrigation system. Very private +-1.7 acre setting with +-300' of shoreline.

Single-familyProperty Type

1975Year Built

1.7 acresLot Size

$294Est. Price/Sq.Ft.

4 car garageParking

Listed by • Wildwoods Land Company

Bought with Wendy Johnson • Wildwoods Land Company

Redfin checked: a few seconds ago

•Source:LSAR as distributed by WIREX #6092837

Redfin Estimate

$678,040

$215K since sold in December 2020$15K since September

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 136.5% higher than the average sale price ($287K) of 6 comparable homes.

SOLD OCT 1, 2026
$418,000
A
2 beds2 baths— sq ft
2734 Bear Island River Rd, Ely, MN 55731
SOLD SEP 29, 2026
$175,000
B
3 beds1.5 baths1,392 sq ft
707 Main St, Tower, MN 55790
SOLD FEB 19, 2026
$625,000
C
3 beds1.75 baths1,920 sq ft
5729 Puncher Point Rd, Tower, MN 55790
SOLD SEP 11, 2026
$160,000
D
3 beds2 baths— sq ft
61 Cypress Blvd, Babbitt, MN 55706
SOLD AUG 27, 2026
$205,000
E
3 beds2 baths2,144 sq ft
18 Dogwood Blvd, Babbitt, MN 55706
SOLD AUG 19, 2026
$136,900
F
3 beds2 baths— sq ft
47 Birch Blvd, Babbitt, MN 55706

Claim this home to receive a free report every month with insights on the changing estimate.

Earn from this home

Rent

$3,037/mo

Redfin rental estimate

List your home for rent

Market trends in 55731, MN

Last updated September 2026

Buyer's Market

Seller's Market

Buyer's market

Sale-to-list price

92.3%

1.6% MoM

Median sale price

$282K

$10K MoM

Avg. days on market

64d

2 days MoM

Recently sold homes

2 MoM

New listings for sale

NEW 31 HRS AGO
$695,000
1 bed1 bath836 sq ft
3692 Mackie Rd, Ely, MN 55731
3D WALKTHROUGH
$329,000
4 beds2 baths2,357 sq ft
20 E Fortier St, Ely, MN 55731
$93,500
4 beds3 baths2,462 sq ft
106 E Harvey St, Ely, MN 55731
$229,000
3 beds1 bath1,008 sq ft
444 Fernberg Rd #12, Ely, MN 55731
$865,000
3 beds2 baths1,378 sq ft
825 Kawishiwi Trl, Ely, MN 55731
$379,000
3 beds1 bath1,400 sq ft
3547 Norway Ln, Ely, MN 55731
3D WALKTHROUGH
$445,000
2 beds1 bath930 sq ft
1450 Trygg Rd, Ely, MN 55731
3D WALKTHROUGH
$219,900
3 beds2 baths1,140 sq ft
11 E White St, Ely, MN 55731
3D WALKTHROUGH
$179,000
2 beds2 baths1,054 sq ft
931 E Harvey St, Ely, MN 55731
See all

Provided by Redfin

Sale history for 1337 Peninsula Rd

Date

Event

Price

RAOR #140202

Dec 7, 2020

Sold

$462,900

$201/sq ft

Sep 4, 2020

Listed

$469,900

$204/sq ft

PRIVATE SETTING & STUNNING LAKE VIEWS are captured from both indoor & outdoor spaces! Recently updated, this older custom built 3 bedroom/2 bath home boasts a wonderful blend of natural elements; from incredible floor to ceiling natural stone fireplace, vaulted wood ceilings, hardwood floors, mixture of wood & stone wall treatment, to large windows flooding home w/ natural light & great outdoor scenes! Main level features open living space, but with a private wing for main level bedroom, bath & laundry. Loft, 2 bedrooms with a connecting bath comprise the 2nd level. Walkout basement houses mechanical area, tuck under garage & storage. 3 season porch, new enormous maintenance-free deck, outdoor pond/waterfall area & shoreline hut are bonus areas. Other amenities include 3 stall detached garage, boat storage shed, wood shed, kennel/dog run, stain steel fish cleaning area, & fenced garden with lake-water irrigation system. Very private +-1.7 acre setting with +-300' of shoreline.

LSAR as distributed by WIREX #6092837

Dec 7, 2020

Sold

$462,900

$201/sq ft

Sep 2, 2020

Listed

$469,900

$204/sq ft

NORTHSTARMLS as Distributed by MLS Grid #MAM6002813

Jan 16, 2015

Listing Removed

—

Jul 11, 2014

Listed

$487,000

$211/sq ft

Year

Property tax

Land + Additions

Assessment*

2026

$5,924 (−8.7%)

$235,100 + $353,700

$588,800

2025

$6,486 (+33.9%)

$247,700 + $407,400

$655,100

2024

$4,844 (−2.8%)

$192,000 + $302,100

$494,100

2023

$4,982 (+3.9%)

$192,000 + $287,600

$479,600

2022

$4,796 (+5.3%)

$192,000 + $199,800

$391,800

2021

$4,554 (−1.6%)

$192,000 + $189,300

$381,300

2020

$4,628 (+12.2%)

$192,000 + $189,300

$381,300

2019

$4,126 (−2.6%)

$175,100 + $184,800

$359,900

2018

$4,238 (+15.4%)

$175,000 + $184,800

$359,800

2017

$3,674 (−8.4%)

$157,100 + $161,100

$318,200

2016

$4,012 (+7.8%)

$173,200 + $177,900

$351,100

2014

$3,722 (+1.8%)

$192,500 + $172,900

$365,400

2013

$3,655

$192,500 + $172,900

$365,400

Tax history for 1337 Peninsula Rd

Year

Property tax

Land + Additions

Assessment*

2026

$5,924 (−8.7%)

$235,100 + $353,700

$588,800

2025

$6,486 (+33.9%)

$247,700 + $407,400

$655,100

2024

$4,844 (−2.8%)

$192,000 + $302,100

$494,100

2023

$4,982 (+3.9%)

$192,000 + $287,600

$479,600

2022

$4,796 (+5.3%)

$192,000 + $199,800

$391,800

2021

$4,554 (−1.6%)

$192,000 + $189,300

$381,300

2020

$4,628 (+12.2%)

$192,000 + $189,300

$381,300

2019

$4,126 (−2.6%)

$175,100 + $184,800

$359,900

2018

$4,238 (+15.4%)

$175,000 + $184,800

$359,800

2017

$3,674 (−8.4%)

$157,100 + $161,100

$318,200

2016

$4,012 (+7.8%)

$173,200 + $177,900

$351,100

2014

$3,722 (+1.8%)

$192,500 + $172,900

$365,400

2013

$3,655

$192,500 + $172,900

$365,400

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Beds

Baths

Stories

1.5

Lot width

—

Lot depth

—

Lot size

1.8 Acres

Year renovated

—

Sq. Ft.

2,206

Year built

1975

Style

Single Family Residential

County

St. Louis County

APN

317-0230-00210

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Aug 7, 2026.

Property details

Parking

Parking/Garage Information
Has Garage
# of Garage Spaces: 4
Parking Features: Off Street, Gravel, Garage Door Opener, Attached, Detached

Interior

Bathroom Information
# of Three Quarter Bathrooms: 2

Heating & Cooling
Has Heating
Heating: Fireplace(s), Wood, Propane, Electric

Interior Features
Interior Features: Ceiling Fan(s), Natural Woodwork, Vaulted Ceiling(s), Beamed Ceilings, Master Downstairs
Appliances: Dryer, Microwave, Range, Refrigerator, Washer
Flooring: Hardwood, Tile
Has Fireplace
# of Fireplaces: 1
Fireplace Features: Wood Burning

Room Information
Laundry Features: Main Level
Has Basement
Basement Details: Partial, Unfinished

Exterior

Exterior Features
Patio And Porch Features: Porch, Enclosed
Roof: Asphalt, Shingle

Building Information
Above Grade Finished Area: 2,307
# of Stories Total: 2
Construction Materials: Stone

Property Features
On Waterfront
Waterfront Features: Lake
Has View
Other Structures: Other, Kennel/Dog Run, Workshop

Property Information
Property Type: Residential
Property Sub Type: Single Family Residence
Raw Mls Property Sub Type: Single Family Detached

Lot Information
Lot Features: Many Trees, Level, Rolling Slope
Water Body Name: Eagles Nest 2
Lot Size Dimensions: 250 x 300
Lot Size Acres: 1.7
Zoning Description: Residential

Financial

Tax Information
Tax Annual Amount: $4,558

Utilities

Utility Information
Water Source: Private
Sewer: Private Sewer

Location

Schools Information
High School District: Ely #696

Location Information
Directions: From Ely travel west on Hwy 169 to Trygg Rd; south to Peninsula Rd; Left to Fire # near very end of point.

Public facts

Beds: 3
Baths: 2.0
Sq. Ft.: 2,206
Stories: 1.5
Lot Size: 1.8 acres
Style: Single Family Residential
Year Built: 1975
Year Renovated: —
County: St. Louis County
APN: 317-0230-00210

Home facts updated by county records on Aug 7, 2026

Around this home

Schools

Tower-Soudan Elementary School

Public PreK-6 • Assigned • 7.8mi

5/10

Northeast Range Secondary

Public 7-12 • Assigned • 10.8mi

6/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

1/10 Heat Factor

7 days above 91° expected this year, 12 days in 30 years

1/10 Wind Factor

Minimal risk of severe winds over next 30 years

2/10 Air Factor

0 unhealthy days expected this year, 1 days in 30 years

Provided by First Street

Historical weather

Ely, MN • 55731

Average low and high temperatures (°F)

-5

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 8.5 hours in June and 2.7 hours in December, placing it below the U.S. average for solar exposure.

8.5 hrs

2.7 hrs

JuneDecember

Provided by Shadowmap

Is this your home?

Track this home’s value and nearby sales activity

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New listings for sale in 55731

NEW 31 HRS AGO

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3692 Mackie Rd, Ely, MN 55731

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444 Fernberg Rd #12, Ely, MN 55731

$865,000

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825 Kawishiwi Trl, Ely, MN 55731

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Home values near 1337 Peninsula Rd

Data from public records.

Address	Redfin Estimate
1385 Peninsula Rd, Ely, MN 3 Beds \| 1.75 Baths \| 2497 Sq. Ft.	$732,636
1338 Peninsula Rd, Ely, MN 3 Beds \| 1 Baths \| 1070 Sq. Ft.	$379,096

Address	Redfin Estimate
1368 Peninsula Rd, Ely, MN 2 Beds \| 2 Baths \| 896 Sq. Ft.	$510,089
1332 Peninsula Rd, Ely, MN 3 Beds \| 3 Baths \| 1697 Sq. Ft.	$804,032

Address	Redfin Estimate
1370 Peninsula Rd, Ely, MN 1 Beds \| 1 Baths \| 660 Sq. Ft.	$410,365
1392 Peninsula Rd, Ely, MN 3 Beds \| 2 Baths \| 1040 Sq. Ft.	$380,699

Property information provided by LSAR as distributed by WIREX when last listed in 2020. This data may not match . Learn more.

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